Step 2. Verify the pay code information
Payroll Year-end Checklist
Carefully review the information stored in the Pay Codes table. The application uses the pay codes stored in the Pay Code table to calculate employee and employer amounts on quarterly reports, annual reports, W-2s, and so on.
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Getting started with verifying pay code rates and limits
2a. Verify pay code rates and limits
2b. Verify ID numbers for federal and state pay codes
2c. Review the subject to pay codes
2d. Verify W-2 Box 10, 11, 12, and 14 settings
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